Two Srinagar residents were among five people, including a former militant arrested in Jammu on Saturday with fake currency notes of face value of Rs 2.15 crore here, news agency PTI reported.
Three cheque books and Rs 5 lakh were also seized from the five men — four from Kashmir and one from Delhi — when their vehicle after a tip-off was intercepted from the Bathindi area on the city’s outskirts, the official was quoted as saying by PTI.
He identified the arrested people as Nazir Ahmad of Barzulla, Manzoor Ahmad of Nishat in Srinagar, Riyaz Ahmad of Pulwama, Basit of Shopian and Mohd Naimullah of Dwarka in Delhi.
“Nazir was in Tihar jail for six years in a militancy related case and had he came in contact with Naimullah there,” the official said.
He said the Bahu Fort police station received information about some persons carrying “low quality Indian currency notes to use the same for illegal purposes”.
Police teams stopped a vehicle and apprehended the five suspects and made the seizure, the official said, adding a case was registered and further investigation is underway.